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Cherish Sunshine Intl to place 118,502,535 new shares at HK$ 0.209 each, raising HK$ 24.8 million

PUBT·07/23/2026 10:52:35
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Cherish Sunshine Intl to place 118,502,535 new shares at HK$ 0.209 each, raising HK$ 24.8 million
  • Cherish Sunshine launched a best-efforts placing of up to 118,502,535 new shares at HK$ 0.21 each.
  • Deal size about HK$ 24.8 million gross; about HK$ 24 million net, subject to listing approval.
  • New shares equal 20% of existing share capital; 16.67% on an enlarged basis.
  • Pricing set at an 18.04% discount to the HK$ 0.26 closing price on July 23, 2026.
  • Proceeds earmarked mainly for payroll, partial bank-loan repayment, professional fees, working capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cherish Sunshine International Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260723-12254461), on July 23, 2026, and is solely responsible for the information contained therein.